The two subjects are different. Personal pension accounts are equivalent to bank accounts, mainly depending on residents' personal wishes and their own economic strength. Individual pension accounts and social security pension accounts can exist at the same time. It is compulsory to keep the old personal account. When residents take part in work, the work unit needs to buy social insurance for employees, one of which is social endowment insurance. The company shall pay employees 16% of the average salary of employees in the previous year, and employees shall pay 8% of the average salary of employees in the previous year. Sixteen percent of the employees' contributions are paid by the local society as a whole, and eight percent of the employees' contributions are deposited into social security pension personal accounts.

The old-age insurance paid by the company for employees mainly records the insured's life, and the amount of old-age insurance paid by employees will be an important parameter for the insured to receive pension. Employee pension = basic pension+individual pension; Basic pension = the average monthly salary of employees in the previous year when the insured retires divided by 2 times the payment period multiplied by10%; Personal pension = the total amount of personal pension storage divided by the insured person's participation time.

The storage entities of the two are different. Personal pension account is an account opened in a bank, so the money in the personal pension account is in the bank; The money in the personal account of social security pension is mainly in the local social security institution, which is managed and operated by a fixed institution.